NEW DELHI: Deputy chief minister Manish Sisodia has written to the Union finance minister Arun Jaitley, asking for inclusion of the real estate sector within the ambit of GST.

In his letter on Saturday, Sisodia said that there have been several misconceptions surrounding the inclusion of real estate within GST and contrary to popular perception, there will be no rise in rate of real estate if GST is implemented in the sector.

“I believe that by keeping the real estate sector out of GST ambit, we are leaving a huge avenue open for black money. I had raised this matter in the last council meeting as well,” Sisodia said.

By implementing GST, land and property dealings would become more transparent, hoarding of land and property would stop and because of that needy people will be able get property at a lesser rate, he added.